what is journal entry to make- provision for liablities and
provision for assets

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what is journal entry to make- provision for liablities and provision for assets..

Answer / shankar. c

Dr EXPENDITURE AND CR PAYABLES

EX AUDIT FEES 10000 DR

AUDIT FEES PAYABLE 10000 CR
(JOURNAL FOR LIABILITY)

DR TDS RECEIVEBLE 10000

CR INDIECT INCOME 10000
JOURNAL FOR ASSETS

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what is journal entry to make- provision for liablities and provision for assets..

Answer / ranjithkumar

yes

Is This Answer Correct ?    2 Yes 0 No

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